ENGINEERING
QLogic's Biddiscombe resigns
QLogic has announced that Simon Biddiscombe has resigned his positions as president and chief executive officer and also as a director in order to pursue other opportunities. Simon’s resignation was effective immediately.
“On behalf of the Board, I would like to thank Simon Biddiscombe for his contributions to QLogic over the last five years. We wish Simon well in his future endeavors”
The Board has appointed CFO Jean Hu, 49, as CEO on an interim basis. Hu currently serves a senior vice president and chief financial officer. She oversees all company financial matters and will retain her CFO responsibilities during the interim period.
The Board will begin an immediate search for a permanent CEO, and the search committee will be led by William M. Zeitler.
“On behalf of the Board, I would like to thank Simon Biddiscombe for his contributions to QLogic over the last five years. We wish Simon well in his future endeavors,” said H.K. Desai, chairman of the board and executive chairman, QLogic.
The company reaffirms its non-GAAP financial guidance for the first quarter of fiscal year 2014.